BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF (NYSEARCA:XHYC) Sees Large Decrease in Short Interest

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF (NYSEARCA:XHYC) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 84 shares, a drop of 45.5% from the December 31st total of 154 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 2,280 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 2,280 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

A hedge fund recently bought a new stake in BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF stock. Jane Street Group LLC purchased a new position in BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF (NYSEARCA:XHYC) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 18,789 shares of the company’s stock, valued at approximately $695,000. Jane Street Group LLC owned about 1.63% of BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF at the end of the most recent quarter.

BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF Trading Down 0.0%

Shares of XHYC traded down $0.01 during trading hours on Friday, hitting $37.55. The stock had a trading volume of 8 shares, compared to its average volume of 3,390. BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF has a 12-month low of $35.22 and a 12-month high of $38.44. The company’s fifty day simple moving average is $37.41 and its 200 day simple moving average is $37.39.

About BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF

The BondBloxx US High Yield Consumer Cyclicals Sector ETF (XHYC) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a modified market value-weighted index of USD-denominated, high-yield corporate bonds of any maturity, issued by companies in the consumer cyclicals sector. XHYC was launched on Feb 15, 2022 and is managed by BondBloxx.